What now for Byju’s? Insolvency process faces fresh hurdles after NCLT order
Reinstating creditors could prolong Byju’s Corporate Insolvency Resolution Process (CIRP), adding financial strain.
Good Glamm in jam, investors exit board
Good Glamm Group, a Mumbai-based unicorn, saw investor exits from its board amid financial issues like fund constraints, ...
Good Glamm: Story of a cash crunch, a fundraise, and the exit of three directors
Good Glamm is planning to raise capital at a very low valuation which would overhaul its cap table. Many investors are not keen to bring more money.
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Grapevine: Blackstone, Sattva Group, Byju’s in news
A Blackstone-Sattva Group joint venture plans to file draft IPO papers for a real estate investment trust by mid-February, according to a media report. Also in news, a US federal judge has found a top ...
Byju’s Manager, Business Partner Found in Contempt of Court
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NCLT Orders Disciplinary Action Against Byju’s RP, Reinstates Glas Trust & Aditya Birla Finance
The National Company Law Tribunal (NCLT) issued a major decision that could change the course of Byju's bankruptcy proceedings: it ordered disciplinary action against the resolution professional (RP) ...
How FIITJEE, BYJU’s problems raise need for EdTech regulation
Protestors demand reopening of FIITJEE coaching institute, raising questions on coaching industry regulation in India.
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BYJU'S executives face $25,000 daily fines for US court contempt
Two executives of beleaguered Indian edtech firm BYJU'S have been held in contempt of a US court. BYJU'S manager Vinay ...
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BYJU’S Top Exec, Business Ally Held In Contempt Of US Court
A top executive of BYJU’S and an ally of the company’s founder have been held in contempt of a US court and now face fines of ...
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Byju’s executive, business partner found in Contempt of US Court
It is at least the third time that a US judge has found a member of the inner circle of company founder Byju Raveendran of violating a court order in the long-running dispute between the education ...
More trouble for Byju’s: Executives found in contempt of US court, slapped daily fines of $25,000
The contempt finding marks at least the third time a US judge has ruled that a close associate of Byju’s founder, Byju ...
National Company Law Tribunal orders disciplinary action against Byju’s IRP
Tribunal directs Insolvency and Bankruptcy Board of India to initiate disciplinary proceedings against IRP Pankaj Srivastava ...